You have just been given the following information on Dodger Corp and the S&P 500.
| Year |
Dodger Corp |
S&P 500 |
| Prices |
Levels |
| 1979 |
40 |
150 |
| 1980 |
36 |
150 |
| 1981 |
34.2 |
145.5 |
| 1982 |
20.52* |
160.05 |
| 1983 |
22.57 |
163.25 |
| 1984 |
22.34 |
159.99 |
* Stock split 2:1
a. What is your beta estimate for this firm?